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Bank of Greece (BoG)

Hotel sector contributes to Greek economy, BoG report finds

The Greek hotel sector in the 2010-2017 period contributed to Greece’s economy both in terms of employment and Gross Value Added (GVA), the Bank of Greece (BoG) said in its Interim Report on Monetary Policy 2018 that was released recently.

Bank of Greece presents plan to reduce NPLs by up to 47 pct

Τhe Bank of Greece on Thursday presented a plan to reduce Greek banks’ non-performing loans by up to 47 pct. The plan envisages the transfer of deferred tax worth 7.5 billion euros to a special purpose vehicle (SPV) and of NPLs worth 40…

Greek bank deposits up in September

Private sector deposits grew by 102 million euros in September for an annual growth rate of 7.4 pct, the Bank of Greece said on Wednesday.

Bank of Greece to donate 5 million euros to help fire victims

The Bank of Greece board, which was convened for a special emergency meeting on Thursday by bank governor Yannis Stournaras in response to the disastrous Attica fires, has decided to contribute 5.0 million euros for the relief of fire…

Deposits placed by private sector up 919 million euros in May

In May 2018, deposits placed by the private sector increased by 919 million euros, compared with an increase of 870 million euros in the previous month and the annual growth rate stood at 7.4 pct from 7.2 pct in the previous month,…